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  1. Business - Banking & Finance - REMUNERATION

    China Construction Bank cuts executive pay by 50pc

    Posted Sep 01st 2014, 04:21pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com China Construction Bank will reportedly slash top executive salaries by 50 per cent in order to comply with recently passed reform measures ... Construction Bank’s share price fell more than 1 per cent in mid-afternoon, underperforming the Hang Seng Index. In Shanghai, the bank’s shares were down 0.5 per cent. The Shanghai Composite Index ...

    http://www.scmp.com/business/banking-finance/article/1582953/china-construction-bank-cuts-executive-pay-50pc
  2. Business - Banking & Finance - EARNINGS

    China Construction Bank posts slower 9pc gain in first-half profit

    Posted Aug 30th 2014, 01:29am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Net profit reaches 130.7 billion yuan to meet market target while bad loans expand 12pc Construction Bank posts slower 9pc gain in first half China Construction Bank Corp, the mainland's second-largest lender by assets, raised net profit 9 per cent in the first half, a period marked by decelerating growth in the state banking sector. The bank ...

    http://www.scmp.com/business/banking-finance/article/1581924/china-construction-bank-posts-slower-9pc-gain-first-half
  3. Property - Hong Kong & China - REAL ESTATE

    China State Construction Engineering sees profit rise 34.4pc

    Posted Aug 25th 2014, 12:06pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China State Construction Engineering (CSCEC), the mainland’s largest real estate conglomerate, posted a 34.4 per cent year-on-year rise in net profit ... market downturn, tight credit and local government debts. The conglomerate suffered a net cash outflow of 7.4 billion yuan in the first half. It controls Hong Kong-listed China State Construction ...

    http://www.scmp.com/property/hong-kong-china/article/1580520/china-state-construction-engineering-sees-profit-rise-344pc
  4. News - Hong Kong - Public safety

    Elite rescuers go underground as MTR construction ramps up

    Posted Aug 22nd 2014, 03:06am by SAMUEL CHAN

    ... below sea level has been part of the team's regular training. It is usually based on construction workers trapped deep below ground after blasting or excavation goes wrong. "Usually these sites have elevators, but there is no better substitute for men [to get people out] if machines break down," Chow said. Most underground construction now under way takes place at MTR rail ...

    http://www.scmp.com/news/hong-kong/article/1578554/elite-rescuers-go-underground-mtr-construction-ramps
  5. News - Hong Kong - TRANSPORT

    Shops at Hung Hom Station closing ahead of transfer point construction

    Posted Aug 20th 2014, 04:14am by BRIAN YAP

    ... Brain Yap brian.yap@scmp.com First phase of work begins soon to create new MTR connection to Central Hung Hom shops closing before construction Fifteen out of 32 shops and restaurants ... early this month, and all of them are expected to have been closed down by the time the work commences early next month," said MTR corporation construction manager Patrick Cheng Kai-shing. ...

    http://www.scmp.com/news/hong-kong/article/1577148/shops-hung-hom-station-closing-ahead-transfer-point-construction
  6. News - Hong Kong - DEVELOPMENT

    Experts slam lack of novel ideas to protect white dolphins from third runway construction

    Posted Aug 19th 2014, 04:18am by CHEUNG CHI-FAI

    ... with "out-of-the-box ideas" to protect the threatened Chinese white dolphin during construction of the proposed third runway. They were speaking on the last of three days' scrutiny ... that leave the area during construction will return. Tam also queried the effectiveness of a proposal to re-route the Skypier high-speed ferries to Macau and the Pearl River Delta and lower ...

    http://www.scmp.com/news/hong-kong/article/1576255/experts-slam-lack-novel-ideas-protect-white-dolphins-third-runway
  7. Business - Companies - EARNINGS

    Building boom drives China State Construction’s first-half profit up 25pc

    Posted Aug 14th 2014, 01:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China State Construction International posted a 24.93 per cent jump in first-half net profit as construction business boomed in Hong Kong and Macau. ... advantage of the booming market, the group’s construction business has become prosperous,” chairman and chief executive Zhou Yong said on Thursday in the company’s earnings results statement. Taking ...

    http://www.scmp.com/business/companies/article/1573468/building-boom-sees-china-state-constructions-first-half-profit
  8. News - China - YUNNAN EARTHQUAKE

    Newly constructed bridge offers relief for those trapped in Yunnan quake zone

    Posted Aug 06th 2014, 03:39pm by Nectar Gan

    ... worst-hit quake zone late last night after the construction of a steel bridge leading into Longtoushan township. Survivors trapped in the zone could also be carried out to safety. A previous bridge ... Xinhua reported. After 40 hours of construction, the new 30-metre bridge, with a load limit of 15 tonnes, was completed at 10pm on Tuesday. Trucks were seen driving into Longtoushan one after ...

    http://www.scmp.com/news/china/article/1567633/newly-constructed-bridge-offers-relief-those-trapped-yunnan-quake-zone
  9. News - Hong Kong - CRIME

    Construction worker held on suspicion of brother's murder after row over taxi fare

    Posted Jul 22nd 2014, 03:29pm by Clifford Lo

    ... Clifford Lo clifford.lo@scmp.com Brother questioned after man collapses in Kwun Tong flat during violent dispute with sibling and mother over HK$100 cab fare Murder arrest after taxi fare row A man was being held for questioning last night on suspicion of murdering his younger brother, who apparently died in an argument over a HK$100 taxi fare. The 39-year-old construction ...

    http://www.scmp.com/news/hong-kong/article/1557187/construction-worker-held-suspicion-brothers-murder-after-row-over
  10. Business - China Business - DEBT

    Mainland construction firm warns of possible bond default

    Posted Jul 17th 2014, 01:22am by Reuters

    ... Reuters in Shanghai Huatong Road & Bridge's failure to pay would be mainland's first such publicly announced default Construction firm warns of possible bond default Mainland construction firm Huatong Road & Bridge said yesterday it might fail to pay investors both interest and principal due on a one-year short-term bill issue that matures next Wednesday. In a statement ...

    http://www.scmp.com/business/china-business/article/1555474/mainland-construction-firm-warns-possible-bond-default

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